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China Securities' research report highlights that the swift recovery of the global aviation industry and advancements in military product installations have fueled a sustained increase in demand for rhenium, a crucial 'aviation metal' utilized in superalloys. Rhenium is predominantly sourced from the recycling of copper-molybdenum smelting by-products, with its production constrained by the extraction of primary ores. Currently, the global copper sector grapples with aging mines, declining ore grades, and rising interference rates, coupled with limited discoveries of new mines, resulting in a relatively inflexible rhenium supply. Given these supply constraints and promising demand prospects, rhenium prices are anticipated to continue their ascent, with an upward trend already evident in recent times.
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